Bloomberg Markets: China Open is the definitive guide to the markets in Hong Kong and on the mainland. David Ingles and Yvonne Man bring you the latest news and analysis to get you ready for the trading day.
Live market coverage co-anchored from Hong Kong and New York. Overnight on Wall Street is daytime in Asia. Markets never sleep, and neither does Bloomberg. Track your investments 24 hours a day, around the clock from around the world.
Reading today’s headlines you may think that billionaire entrepreneurs are new to the space race – they’re not. It all started with them. Here’s the brief history of private space travel.
Cutting China’s Pork Prices Means Reining in Millions of Farmers
Indonesia Tightens Travel Health Protocols as Covid Cases Rise
Musk’s About-Face on Twitter Shifts Takeover Saga to Delaware
Uber Lobbied Politicians, Broke Laws in Global Push: Reports
Klarna May Get Backing From Canada Pension Fund, Sky Reports
Race to Replace Johnson Intensifies as Liz Truss Announces Bid
New Zealand’s Ardern Heads to Summit, Pursues Pacific Resilience
Top Places to Move if You’re Single and Why It’s Not NYC
‘Ape Now, Pay Later’ Loans Bring BNPL to the NFT Market
Kyrgios Showed He Belonged on Slam Stage in Wimbledon Loss
Djokovic Tops Kyrgios for 7th Wimbledon, 21st Slam Trophy
After Abe Assassination, Japan’s Kishida Must Forge His Own Path
People Power Has Brought Down Sri Lanka’s Strongman. What Now?
Malaysia Migrant Labor Abuse Is a Shot in the Economic Foot
The Fuel Thefts That AMLO Tried to End Are Getting Worse Again
The US Industrial Complex Is Starting to Buckle From High Power Costs
Putin’s War Threatens Europe’s Ambitious Climate Goals
Abortion Bans Are Limiting What Some Doctors and Med Students Are Taught
For Workers Who Want Abortion Privacy, Staying Quiet Is Only the First Step
Greece Takes Its Drive to Boost LGBTQ Rights up a Notch
Europe’s Rush to Buy Africa’s Natural Gas Draws Cries of Hypocrisy
Yosemite Fire Grows as Crews Protect Iconic Sequoias
How the Amusement Park Conquered America
Baby Formula Shortage Worsens As Stock Drops Below 60% In Some States
Salt Lake City Confronts a Future Without a Lake
Crypto Plunge Is Cautionary Tale for Public Pension Funds
BlockFi Investor Prepared for Heavy Losses as FTX Forged Deal
Crypto Exchange CoinFlex Now Seeking to Recover $84 Million
Isabelle Lee and
Peyton Forte
US stocks rallied for the fourth straight day on optimism that the Federal Reserve will be able to curb inflation without tipping the economy into a recession.
The S&P 500 and the tech-heavy Nasdaq 100 rose the most in two weeks. Commodities from oil to copper jumped as the dollar dropped for the first time in five days. The two- and 10-year Treasury yield curve remained inverted for a third day even as Fed Governor Christopher Waller dismissed recession fears on Thursday. Both Waller and fellow hawk James Bullard, president of the St. Louis Fed, backed raising rates by another 75 basis points this month.
